Tag: Restructure
Boylesports to Challenge Ladbrokes Plans to Restructure in Ireland
June 5, 2015
Irish independent bookmaker Boylesports has been granted permission to launch a challenge over Ladbrokes’ plans to restructure its business in Ireland, amidst talk of a possible takeover bid for the operation. As reported by iGaming Business, Boylesports last month was linked with a bid for Ladbrokes Ireland after the latter announced it was to undertake a review of its operations in the country following heavy losses in 2014. Ladbrokes has been working with High Court-appointed examiner Ken Fennel on a rescue plan that could lead to the closure of up to 60 of its betting shops in the country, which…